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The earth is round (p < 0.01).


Sep
11
comment Probability of passing through 3 specific nodes along a binomial tree
Please re-locate this thread to the quantitative finance stackexchange quant.stackexchange.com. There is way too much jargon that I didn't realize was specific to finance. Apologies.
Sep
11
comment Probability of passing through 3 specific nodes along a binomial tree
It's when we end up in the exact same spot on the y-axis after 2 movements, whether we go Up --> Down or Down --> Up.